PRINCIPLES OF SUPPLY CHAIN
MANAGEMENT 5TH EDITION ACTUAL
EXAM UPDATED COMPLETE QUESTIONS
AND CORRECT ANSWERS
◉ supply chain management
Answer: Taking actions to have all members of the supply chain
work together to coordinate their activities and share information
◉ Reverse logistics
Answer: When it is necessary to return defective products to the
manufacturer for repair or replacement. Reverse logistics includes
efforts to reuse and recycle materials
◉ backward vertical integration
Answer: a company to own its suppliers
◉ True or False
Watson Computers participates in a practice called outsourcing
when they obtain the parts required to build their desktop
computers from a variety of suppliers located in Mexico and India.
, Answer: true
Correct! Goods and services obtained from outside suppliers are
outsourced.
◉ Helix Auto Supply, a national chain of retail outlets, owns two of
its upstream suppliers Ready Tires and Driex, a division that makes
wiper blades. This is an example of ______________.
Answer: backward vertical integration
Correct! Helix Auto Supply is promoting supply chain coordination
by owning its upstream suppliers, which is called backward vertical
integration.
◉ Agile Supply Chains
Answer: based on their speed and flexibility and their capacity to
transmit information reliably, accurately, and quickly from the
marketplace to supply chain members. Attempts to assess the needs
of its customers in great detail so it can provide customized
products that better meet the customer's expectations. Transferring
data between companies via electronic data interchange (EDI) or
replenishing inventory more effectively and efficiently with
collaborative planning, forecasting, and replenishment (CPFR). A
cooperative relationship
◉ Lean Supply Chains
MANAGEMENT 5TH EDITION ACTUAL
EXAM UPDATED COMPLETE QUESTIONS
AND CORRECT ANSWERS
◉ supply chain management
Answer: Taking actions to have all members of the supply chain
work together to coordinate their activities and share information
◉ Reverse logistics
Answer: When it is necessary to return defective products to the
manufacturer for repair or replacement. Reverse logistics includes
efforts to reuse and recycle materials
◉ backward vertical integration
Answer: a company to own its suppliers
◉ True or False
Watson Computers participates in a practice called outsourcing
when they obtain the parts required to build their desktop
computers from a variety of suppliers located in Mexico and India.
, Answer: true
Correct! Goods and services obtained from outside suppliers are
outsourced.
◉ Helix Auto Supply, a national chain of retail outlets, owns two of
its upstream suppliers Ready Tires and Driex, a division that makes
wiper blades. This is an example of ______________.
Answer: backward vertical integration
Correct! Helix Auto Supply is promoting supply chain coordination
by owning its upstream suppliers, which is called backward vertical
integration.
◉ Agile Supply Chains
Answer: based on their speed and flexibility and their capacity to
transmit information reliably, accurately, and quickly from the
marketplace to supply chain members. Attempts to assess the needs
of its customers in great detail so it can provide customized
products that better meet the customer's expectations. Transferring
data between companies via electronic data interchange (EDI) or
replenishing inventory more effectively and efficiently with
collaborative planning, forecasting, and replenishment (CPFR). A
cooperative relationship
◉ Lean Supply Chains
